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Economy, Law & Politics

Ottawa says automakers that keep building in Canada will get a tariff exemption

Ottawa says automakers that keep building in Canada will get a tariff exemption

WASHINGTON — Automobile companies that continue to manufacture vehicles in Canada will get an exemption from Ottawa's retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American industry with steep import duties.
Bank of Canada rate decision too close to call after soft March inflation report

Bank of Canada rate decision too close to call after soft March inflation report

OTTAWA — A surprise slowdown in inflation last month has turned the Bank of Canada's interest rate decision on Wednesday into a coin toss, with some economists leaning toward a hold and others saying a cut is warranted.
S&P/TSX composite up more than 200 points, U.S. stock markets also higher

S&P/TSX composite up more than 200 points, U.S. stock markets also higher

TORONTO — Strength in the technology, base metal and financial sectors helped Canada's main stock index gain more than 200 points in late-morning trading, while U.S. stocks also climbed higher. The S&P/TSX composite index was up 213.
Rob Shaw: Rustad wants a pay bump for MLAs. Does he have a point?

Rob Shaw: Rustad wants a pay bump for MLAs. Does he have a point?

Politicians face a third pay freeze, even as staffers see major increases. Are we asking public servants to do too much for too little?
Pivoting away from the U.S. economy could be unrealistic for Canada

Pivoting away from the U.S. economy could be unrealistic for Canada

The deep integration and proximity of the Canada-U.S. economies could make negotiations inevitable, one expert argues
Wall Street drifts in a rare quiet day following weeks of tariff turmoil

Wall Street drifts in a rare quiet day following weeks of tariff turmoil

NEW YORK (AP) — U.S. stocks are drifting in a rare quiet day for financial markets worldwide, for now at least. The S&P 500 was up 0.3% in early trading Tuesday, though it’s been prone to huge swings not just day to day but also hour to hour.
Mario Canseco: Carney overtakes Poilievre as most trusted on the economy, says poll

Mario Canseco: Carney overtakes Poilievre as most trusted on the economy, says poll

Research Co. survey reveals Canadians are placing more trust in the new Liberal leader to manage the country's finances
Vancouver police chief Adam Palmer earned $487,224 in 2024

Vancouver police chief Adam Palmer earned $487,224 in 2024

Palmer leaves VPD this month to join RCMP, while deputy chief Fiona Wilson becomes new chief of Victoria Police Department
Trump floats another pause on automobile tariffs

Trump floats another pause on automobile tariffs

WASHINGTON — President Donald Trump on Monday floated another possible pause on automobile tariffs to give companies time to set up U.S. supply chains, bringing more uncertainty to the deeply integrated North American vehicle industry.
Poilievre pledges to use the notwithstanding clause, Carney talks defence procurement

Poilievre pledges to use the notwithstanding clause, Carney talks defence procurement

OTTAWA — Conservative Leader Pierre Poilievre is promising that a government led by him would use the notwithstanding clause to override Charter rights to implement his tough-on-crime agenda — something no prime minister has ever done.
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